Russell, B. and D. Rambaccussing, Breaks and the Statistical Process of Inflation: The Case of the ‘Modern’ Phillips Curve, Empirical Economics, May, Vol. 56, pp. 1455-75 (doi:10.1007/s00181-017-1404-5)

(i) Download paper  (ii) Data Appendix  (iii) Data  (iv) Expanded Table 4


Rosen Azad Chowdhury and Bill Russell, The Difference, System and ‘Double-D’ GMM Panel Estimators in the Presence of Structural Breaks,  Scottish Journal of Political Economy, vol. 65, no. 3, pp. 271-92.

(i) Download latest version of paper (ii) Data information    (iii)  Data 


Bill Russell, ‘Modern’ Phillips Curves and the Implications for the Statistical Process of Inflation, Applied Economic Letters, vol. 24, pp. 58-60.

(i) Download latest version of paper


Bill Russell, ARCH and Structural Breaks in United States Inflation, Applied Economics Letters, vol. 21, no. 14, pp.973-8.


Bill Russell and Rosen Azad Chowdhury, Estimating United States Phillips Curves with Expectations Consistent with the Statistical Process of Inflation, Journal of Macroeconomics, vol. 35, pp. 24-38. (link to journal)


Bill Russell, Sushil Mohan and Anindya Banerjee, Coffee Market Liberalization and the Implications for Producers in Brazil, Guatemala and India, World Bank Economic Review, vol. 26, no. 3, pp. 514-38. (link to journal)


Bill Russell, Non-stationary Inflation and Panel Estimates of United States Short and Long-run Phillips Curves, Journal of Macroeconomics., vol. 33, pp. 406-19. (link to journal)


Bill Russell and Anindya Banerjee, The Long-run Phillips Curve and Non-stationary Inflation, Journal of Macroeconomics, vol. 30, pp. 1792-1815.  (link to journal)


Anindya Banerjee, Paul Mizen and Bill Russell, Inflation, Relative Price Variability and the Markup: Evidence from the United States and the United Kingdom, Economic Modelling, vol. 24, pp. 82-100. (link to journal)


Bill Russell and Anindya Banerjee, A Markup Model for Forecasting Inflation in the Euro Area, Journal of Forecasting, vol. 25, issue 7, November, pp. 495-511. (link to journal)


Anindya Banerjee and Bill Russell, Inflation and Measures of the Markup, Journal of Macroeconomics, vol. 27, pp. 289-306. (link to journal)


Anindya Banerjee and Bill Russell, A Reinvestigation of the Markup and the Business Cycle, Economic Modelling, pp. 267-84, vol. 21. (link to journal)


Nicolas de Roos and Bill Russell, The Exports Transmission Mechanism of Foreign Business Cycles to Australia, Economic Record, pp. 1-10, vol. 78, No. 1, March. (link to journal)


Anindya Banerjee, Lynne Cockerell and Bill Russell, An I(2) Analysis of Inflation and the Markup, Journal of Applied Econometrics, Sargan Special Issue, pp. 221-40, Vol. 16, No. 3, May-June. (link to journal)

Anindya Banerjee and Bill Russell, The Relationship between the Markup and Inflation in the G7 Economies and Australia, Review of Economics and Statistics, pp. 377-87, Vol. 83, No. 2, May. (link to journal)

Anindya Banerjee and Bill Russell, Industry Structure and the Dynamics of Price Adjustment. Applied Economics, pp. 1889-1901, vol. 33, no. 17. (link to journal)


de Roos, Nicolas and Bill Russell, An Empirical Note on the Influence of the US Stock Market on Australian Activity, Australian Economic Papers, pp. 291-300, Vol. 39, No. 3, September. (link to journal)


Russell, Bill and Warren, Tease, Employment, Output and Real Wages, Economic Record, pp. 34-45, Vol.67, No. 196, March. (link to journal)